PPG announced the opening of its new European Central Powder Coatings Research and Development (R&D) Center in Milan, Italy.
The facility’s expanded capabilities, which include a customer application center, will enhance and accelerate powder coatings product development. Financial details of the investment were not disclosed.
The R&D center will focus on innovating powder coatings product development, demonstrating advanced powder technologies and providing best-in-class customer and technical support. The Milan facility is a European hub for cross-technology research and development, hosting laboratories for other businesses that include automotive OEM and refinish coatings.
As per MRC, PPG has entered into an agreement to buy the powder coatings business of Italian company Arsonsisi, boosting its offering in Europe, the Middle East and Africa. As part of the deal, PPG will gain Arsonsisi’s highly automated, small- and large-batch powder manufacturing plant in Verbania. The acquisition will also add metallic bonding to the US group’s portfolio. According to PPG, metallic bonding is one of the fastest growing markets for powder coatings used in specialty finishes for automotive, appliance and general industrial applications.
We remind, PPG Industries Ohio Inc. received a patent in Russia for a new coating. The authors of the invention were a group of American specialists. The material is a film-forming composition that ensures the uniformity and appearance of the coating, and also avoids smudges. The material consists of polymer binders, polysiloxane resin, hardener and other substances.
PPG is a leading supplier of powder coatings to the automotive, transportation, appliance, furniture and other markets. The company expanded the business with its 2020 acquisition of Alpha Coating Technologies, which manufactures powder coatings for light industrial applications and heat-sensitive substrates, and its 2021 acquisition of Worwag, which makes liquid, powder and film coatings for industrial and automotive applications. PPG recently agreed to acquire the powder coatings business of Arsonsisi, including a manufacturing plant in Verbania, Italy.
mrchub.com